Coinbase’s COIN stock reference price set at just $250, as 1,700 staff get free shares

Cointelegraph

Published Apr 13, 2021 11:10PM ET

Updated Apr 14, 2021 12:40AM ET

Major U.S. exchange Coinbase’s COIN stock has received a reference price at $250 from Nasdaq, ahead of the much-anticipated direct listing on the stock exchange just hours from now.

The price is far below the current FTX pre-trading price of $600, albeit on thin 24-hour volume of under $4 million.

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